A fairytale is a false story, but who doesn't wish they were
real.
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A fairytale is a story that did not really happen that usually
has a happy ending.
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the difference is that a modern fairytale is either told or the
details in the story i more modern. An old fairytale might have
older vocabulary or older details.
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Well every story with a prince, princess and magic is counted as
a fairytale.
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Cinderella is a fairy tale - fairy tales are not real